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. >> people will have $9,444 before paying any tax at all. this is a direct boost in the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip reception since the second world war, now followed by the slowest recovery in the last 100 years. >> when now the latest flicks shows business confidence falling, when the world economy is slowing, when the euro is at such chronic difficulty while plans the chancellor's fiscal strait jacket tightens further next year. it is simply reckless and deeply irresponsible for this chancellor to plow on with a fiscal plan we all know is failing on what he set. the fiscal rule is broken on every target they set themselves -- failing, failing, failing. cutting the trade,
. >> people will have $9,444 before paying any tax at all. this is a direct boost in the incomes of people working hard to provide for their families. it's 47 pounds next year in total of $267 pound cash next year. people working full-time on the minimum wage will have seen their income tax bill cut in half. and what we learned today is that growth is being downgraded, this year, next year, the year after, the year after, and the year after that too, mr. speaker. the longest double dip...
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Dec 31, 2012
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. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have differences with one another, but what relation does erdogan have in this? why is the flag raised? what relation does it have with the demands of the people? you can see the case of sectarian tensions and extensions. >> i'm wondering what kind of reaction that point will have amongst iraqis. they are not likely to stop their protests, are they? >> no, they are not. i spoke to the spokesperson nominated by the protesters a few moments ago. he did say that he totally rejects being commands made by the prime minister -- comments made by the prime minister. he said their demands are not of a s
. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have...
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Dec 31, 2012
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it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global repercussions. it could be weeks before anyone feels the effects. and analysts say even without an agreement, politicians can reach other deals to soften the impact. >> u.s. president barack obama making a rare appearance on one of u.s. tv's agenda-setting sunday shows. he appealed to politicians of both parties not to let the u.s. go off the so-called fiscal cliff. the budget crisis, some kay -- say could tip the u.s. into recession dragging the rest of the world with it. >> over the next 48 hours, regardless of partisan differences our top priority has to be that taxe
it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global...
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from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would increase there. the alternative minimum tax would be couch. it sounds tens of millions of middle-class americans, and this would be a permanent exemption for those people. as for the estate tax, it would go to 40%. there would be a one-year extension of long-term unemployment benefits. adam: what is the sticking point? it seems to me that the democrats felt they wanted, even a delay on the spending cuts. reporter: they did, and that's the problem. it is the delay on the spending cuts democrats wanted to delay the automatic spending cuts for the first few months. known as the sequester. $94 billion worth over the next year. republicans wanted to pay for that by spending cuts elsewhere. so that's something that they are still arguing out right now. republicans say that we have this. adam: will there
from a tax increase. it would go back to clinton era rates for capital gains dividends under $450,000 per year would save the current rate. income amounts above that, we are talking about a 20% tax. taxes would increase there. the alternative minimum tax would be couch. it sounds tens of millions of middle-class americans, and this would be a permanent exemption for those people. as for the estate tax, it would go to 40%. there would be a one-year extension of long-term unemployment benefits....
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and if you don't do that, the taxes are going to go. gerri: all right, we are going to take a break right now. but we will break into programming the minute that anybody goes to the senate if we hear from the vice president. rich edson is covering all this for us on capitol hill. the fox business team is in place here on sixth avenue. two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obam
and if you don't do that, the taxes are going to go. gerri: all right, we are going to take a break right now. but we will break into programming the minute that anybody goes to the senate if we hear from the vice president. rich edson is covering all this for us on capitol hill. the fox business team is in place here on sixth avenue. two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against...
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and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part of this preparation. however these beasts get a musical company. down sequences you know they react to the sound signals the flutes the herders had in the old days they needed them it wasn't just fun but these meadows didn't come naturally requiring decades of composting to bring the soil up to farming standard this island is mostly rock. the soil here is very thin on the monks can't just get more of it because they're surrounded by the lake so they have to work very hard in order to provide whatever food they need. to grow their own crops found their own fish and repair their own churches. bu
and america is braced to plunge off the fiscal cliff as democrats and republicans haggle over taxes. on. a sacred place rising out of the waters of the lake the lawn ministry's home to one hundred fifty orthodox monks mostly younger than thirty five and they've come from many different places and backgrounds to live in isolation here spiritual life it takes up many hours on the road to becoming a monk requires both hard work and religious telly cation. salem's to become and herds cattle as part...
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they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting force is nervous system has been stressed to it's absolute peak and maximum can't take it anymore and put the nervous system has either snapped or is about to snap in the first world war that condition was called show today the same condition is known as an eight syllable hyphenated furries void of any emotion post-traumatic stress disorder the aftermath of war includes post-traumatic stress . for those of you suffering from p.t.s.d. when it comes to wars where you have the most damaging euphemisms like. saying innocent civilians were killed in a drone strike you say there was collateral damage collateral damages to me is the worst expression no it's innocent men women children are killed in the collateral damage sounds like a real estate
they're the ones or create jobs when in reality when their taxes are higher under bill clinton three times as many jobs are created the propensity to add softer terms to the english lexicon has surged over the decades particularly when it comes to military related language there's a condition in combat most people know about it it's when a fighting force is nervous system has been stressed to it's absolute peak and maximum can't take it anymore and put the nervous system has either snapped or...
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Dec 31, 2012
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-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax rates. bools, a -- bowles-simpson, a bipartisan group, actually lowered tax rates and did it by eliminating deductions and exemptions and they put a lot of money on the debt, they had a 25% corporate rate and the top personal rate was 30%. they took this $1.2 trillion we give out every year in exemptions and deductions to the favored few, they brought it back into the treasury, they paid down debt and they lowered tax rates to help create jobs. this president's approach is the opposite of simpson-bowles and the gang of six. you had six senators, t
-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax...
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Dec 25, 2012
12/12
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way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you exactly how changes. speaker boehner wants, oh, yeah? he is going to kick some tail. we are going to get to point you leally in dollars and the spending of this country.that'l let me rephrase that. total a $2.2 trillion reduction in thf total plan spending. we are looking at the republican plan. we will show you just how tough it is. the only difference is how we get there. mr. obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prosp
way $1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you...
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Dec 30, 2012
12/12
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amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident are you that the house which refused to set the mark at a million dollars will pass any tax rate increase? >> if democrats will vote for the deal in the house if they are allowed to vote for whatever the senate passes there will be enough republicans but boehner needs a majority of the republican party. in 2010 we extended all of the tax cuts because the economy was weak. we are not going to extend all of the tax cuts but the economy is weaker. i don't understand the economics but i do understand the politics. the president won. the presiden
amt, the alternative minimum tax. a fix so that won't hit 20 million more americans. >> that is exactly right. >> chris: let me focus on the tax rates. that has been the biggest issue in the whole debate. the president wants to extend the tax rates on families making less than $250,000 a year. senator graham is that acceptable or does the threshold for when you start to make the bush tax rates go away does it have to be higher? some people said $400,000 and $500,000. how confident...
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kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while also adopting a law to automate the system deducting the from the embezzlers a bank account. of what's happening on the markets which we actually managed to show a bit earlier in the program or two steps forward one step back for russia is the ruble it has lost around three quarters of monday's gains versus both the dollar and the euro now on the russian stock markets it seems indeed not a creature was stirring not even a mouse as i said before russia traditionally celebrates christmas on the seventh of january so tuesday was a working day because it was pretty much the only market trading very l
kona welcome to a business see a large loop oil has been discovered in greece's tax system embezzled money amounts to twenty eight billion euros per year that's equal to fifteen percent of the troubled economies g.d.p. now the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what they owe the country but apparently the fund believes it is impossible to return all of that money and suggests a write down fifty percent of it now while...
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a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now sergei magnitsky family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody for all the severe beatings these two acts are seen as the latest developments in the ongoing search for tad's put a diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian studies history professor steven cohen from new york and princeton university's says he's never been known to any of the russians about russian u.s. relations. there's an old russian saying we're friends are also deeds a lot of people in moscow and in washington when they passed the magnitsky act and now the ban on adoption in moscow may have thought they were just talking showing off playing grandstanding politically as we say in america but these words have consequences they have that they fuel all this new cold war atmosphere which is enveloping the relationship between our two countries it's g
a russian lawyer who was charged with tax evasion put in preliminary confinement and then died while in custody now sergei magnitsky family friends and several few unwise organizations believe the charges against one of these two were trumped up and that he died in custody for all the severe beatings these two acts are seen as the latest developments in the ongoing search for tad's put a diplomatic battle which seems to be going on despite the a reset button pushed several years ago russian...
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Dec 29, 2012
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my taxes went up. fiscal cliff could cause some people's taxes to go up enough. adam: they tight enup spending. >> tight enup spending. lenders do the same thing on the backside. i don't know if you will have your job. i don't know if the credit rating will hold back letting money go. adam: what you described this is a great lesson in federal reserve speak. this is negative feedback loop. everyone tightening out of fear. let's take it a step further. we don't know what the tax situation will be and lay in tax returns, people use that for down payment when would they get that to put a down payment on a car, right. >> people think i don't have the money. maybe i don't want to maintain my existing car. we hope that is the case. nine out of 10 cars have something wrong with them on the road. if you don't do the basic maintenance that may be only way to keep your job to get your family to where they want to go. that is all dollars and cents. adam: in new york, nine out of tense cars the big problem is the driver in the other car. >> that is all across the country. ada
my taxes went up. fiscal cliff could cause some people's taxes to go up enough. adam: they tight enup spending. >> tight enup spending. lenders do the same thing on the backside. i don't know if you will have your job. i don't know if the credit rating will hold back letting money go. adam: what you described this is a great lesson in federal reserve speak. this is negative feedback loop. everyone tightening out of fear. let's take it a step further. we don't know what the tax situation...
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involved the russian lawyer who was arrested on tax evasion charges and died while they printed it for a limited confinement but again these two acts are seen as the latest developments in the diplomatic row which seems to not to get any better between russia and the united states despite the whole affair with the reset button. iran kicked off a series of naval war games in the persian gulf this week the maneuvers a take. placed near the strait of hormuz trade ring that carries about a fifth of the world's oil shipments to iran earlier warned it would block off the strait if attacked but says this particular drill is aimed at improving security in the region but that security however is being deliberately undermined by external pressure on iran says the professor of political science mohammed has sand carney the security is a regional merger we should core group these over to create a regional security arrangement on portable in the united states has been the wrong . door out of our eyes in a way i mean to give them this feeling that the threat is coming from there on you need our pres
involved the russian lawyer who was arrested on tax evasion charges and died while they printed it for a limited confinement but again these two acts are seen as the latest developments in the diplomatic row which seems to not to get any better between russia and the united states despite the whole affair with the reset button. iran kicked off a series of naval war games in the persian gulf this week the maneuvers a take. placed near the strait of hormuz trade ring that carries about a fifth of...
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Dec 29, 2012
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the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but this is about respect for our country. >> the bill also bans political organizations that receive funding from u.s. sources. human rights groups will be the worst affected. >> russia's foreign minister says moscow has invited the main syrian opposition coalition to talks. >> meeting with his egyptian counterpart, the russian foreign minister called on the syrian opposition to meet with the syrian president's government to end the 20-month civil war. the opposition says it will not negotiate with the assad government. this comes one day before the united nations special envoy is expected in mo
the lawyer was imprisoned after accusing russian officials of the $230 million tax fraud. since his death, relations beween the u.s. and russia have increasingly soured, culminating in the adoption van --over 700,n children will suffer from the band. they are often raised in orphanages. for most of the children so far adopted by americans, it was the chance of their lives, but the legislators who support the law defended their decision. >> yes, this may be a step towards cold war, but...
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Dec 29, 2012
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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tax payer increases in income tax of the eighty or other forms of taxation it has to be found and we're the ones paying for it other nations governments scrutinize every overseas bed france for example argues that it's in their national interest to prevent key technologies falling into foreign hands so while it's often difficult for a british company to buy abroad over thirty billion pounds worth of domestic companies made their way into foreign hands last year last month westminster said that it wouldn't change any laws but would take a greater interest in foreign acquisitions the only thing is by the time they get around to it there might be nothing left to sell. art see london. now coming up russia u.s. relations the syrian conflict and other major challenges all discussed in exclusive interview with russia's foreign minister that's in a few minutes. cut i. played. play. thanks. thanks. thanks. i. good laboratory. was to build the world's most sophisticated robot which really doesn't give a darn about anything tim's mission to teach creation and why you should care about humans and.
tax payer increases in income tax of the eighty or other forms of taxation it has to be found and we're the ones paying for it other nations governments scrutinize every overseas bed france for example argues that it's in their national interest to prevent key technologies falling into foreign hands so while it's often difficult for a british company to buy abroad over thirty billion pounds worth of domestic companies made their way into foreign hands last year last month westminster said that...
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Dec 28, 2012
12/12
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 29, 2012
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so what is the great tax problem we have in the united states? we don't have a tax problem. we have a political problem in that we are incapable of the mounting the kind of campaign to go and get the money where it is and where it has always been and where it was in the 1930s and where it was taken from by mr. roosevelt to get us through that crisis with a lot less suffering than would otherwise have happened then or that is happening now and there we are back to europe where the europeans are saying we will not tolerate this. over the last few years this issue has become tight in europe. my guess is we are going to see the ramifications of this as europe is literally torn apart with inculcation, reverberations in our society that will touch everyone in this room and everyone watching. >> we want to get to some of the questions from the audience but i won't let you go without talking about the possibility of a successful cooperative year in the united states as an alternative to corporate capitalism. >> that is a wonderful question. let me give a context. what was done in th
so what is the great tax problem we have in the united states? we don't have a tax problem. we have a political problem in that we are incapable of the mounting the kind of campaign to go and get the money where it is and where it has always been and where it was in the 1930s and where it was taken from by mr. roosevelt to get us through that crisis with a lot less suffering than would otherwise have happened then or that is happening now and there we are back to europe where the europeans are...
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Dec 30, 2012
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and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lindsay graham and do republicans pass whatever the senate agrees to? >> the odds are somewhat better than 50/50 we get a minimal deal in the senate. not one that solves our debt problem, as you pointed out earlier and this is a prequel to going through it again around the first of march over the debt ceiling and getting us through this crisis, slightly better than 50-50 and the real question is in the house of representatives and will it be enough of a compromise, that enough republicans can vote for it, to get through the house? i put that at 50-50. >> chris: byron, the most we can say, or
and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate?...
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Dec 27, 2012
12/12
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tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how can you improve your tax mechanism when there's no income tax? that is the second question. the first question -- i am not worried about inflation at all. in this country, there is this fixation with quantitative easing. bernanke's attempt to stabilize the american economy. it is a policy that i have encountered ever since i came to this country. mr. bernanke is printing money. he is not printing money. if it were, you could talk about the loss potential, which is different from deflationary. but what exactl
tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how...
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with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time it's also adopting a law to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not a creature was stirring not even a mouse russia traditionally celebrates christmas on the seventh of january so tuesday was a working day but because it was pretty much th
with me dmitri medvedev and co a large loophole has been discovered in greece's tax system and battled money amounts to twenty eight billion euros per year and that's equal to around fifteen percent of the troubled economies g.d.p. the international monetary fund is blaming businessmen government officials and even actors for neglecting to pay what the country but apparently the fund believes it is impossible to return all of that money and suggest to write down fifty percent of this same time...
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Jan 1, 2013
01/13
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he insists on raising taxes. it's really his intransigence that endangered the 99%. >> the president is saying he's now willing to do what the republicans asked in 2001, 2003, make the bush tax cuts permanent. he's saying yes, the democrats have agreed. they say they will be permanent. no tax increases for 99%, for people making under $450,000 a year. those will be permanent tax cuts. you support that, but because 1% are going to have to pay a little more, they're going to go from 35% to 39.6% if you're making more than $450,000 a year, you're willing to see all those millions of middle class families suffer. >> actually, if it were only that bill, just protecting the 99%, well, i want to protect 100%. i would vote for a bill that protected 99%. heck, i'd probably vote for a bill that protected 80% because i want to protect anybody from big government, but the thing is it's not just that. they're heaping on new spending. not only are they raising taxes, maybe on a small percentage of people, but a large amount of
he insists on raising taxes. it's really his intransigence that endangered the 99%. >> the president is saying he's now willing to do what the republicans asked in 2001, 2003, make the bush tax cuts permanent. he's saying yes, the democrats have agreed. they say they will be permanent. no tax increases for 99%, for people making under $450,000 a year. those will be permanent tax cuts. you support that, but because 1% are going to have to pay a little more, they're going to go from 35% to...
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Dec 27, 2012
12/12
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tax patch purpose and those are xhenkful. i'll still hike to see more spending cuts. >> what does the president need to do to get you to virtually come to the people and vote yes. the helicopter has to get off the platform since the election, solving or debt and deficit problem knows that you can't cole of our debt problem before it is not faeblible. >> the president arrived at 3310:00 am and made calls to the house and senate leadership as the negotiations continued. do you sense, sir, there is a period of compromise, where nobody was talking and everybody was holding the ground firmly? do you have a greater sense of comp moise as we into -- the speaker said the president didn't next any dale or the compromise so i ge he'll take that up in the shat, hopefully vote for it. >> part part of the problem last week was the conservative wing of the party that i put you in for plan "b," and it was seening a something of a mutiny against john boehner at that point. so i'ming what is do you feel the support think of wing of the part i
tax patch purpose and those are xhenkful. i'll still hike to see more spending cuts. >> what does the president need to do to get you to virtually come to the people and vote yes. the helicopter has to get off the platform since the election, solving or debt and deficit problem knows that you can't cole of our debt problem before it is not faeblible. >> the president arrived at 3310:00 am and made calls to the house and senate leadership as the negotiations continued. do you sense,...
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sight between the firmly entrenched republicans and democrats millions of americans stand to see their taxes go up dramatically on new year's day but the sticking point holding up negotiations is the rage for the rich the republicans are rejecting any deal that would see those taxes rise while the democrats insist the wealthy to pay a little more investment advisor patrick young told us the u.s. is heading he thinks towards further recession if he can experiment. i'm really worried going into twenty thirteen i mean ultimately the great thing is that humankind will survive and we will all remain the same people but the problem we have is first of all america seems to be heading suicidally towards this thing the fiscal cliff the possibility that it may enter another leg of recession or possibly even depression as a result of legislators inability to curb their how bit of spending like footballers' wives and then on the other side of the atlantic we also have this problem the european union is getting to the point where it seems to think it's soldiers problems solving your problems means that t
sight between the firmly entrenched republicans and democrats millions of americans stand to see their taxes go up dramatically on new year's day but the sticking point holding up negotiations is the rage for the rich the republicans are rejecting any deal that would see those taxes rise while the democrats insist the wealthy to pay a little more investment advisor patrick young told us the u.s. is heading he thinks towards further recession if he can experiment. i'm really worried going into...
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super rich followed gera deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of ourselves in the same trouble as demetrius thank you francois hollande oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future. sounds here's the thing i want to be prime minister again i know there were some problems last time however now i'm ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in europe are sharing the same christmas wish this year and then to the blocks suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe in our special and. plus. it's a cold night so. the holiday season in the u.k. may well turn elderly when so many brits just too
super rich followed gera deputy you and left france we really need their seventy five percent income taxes if we are to stay with the likes of ourselves in the same trouble as demetrius thank you francois hollande oh right well this one comes from a little boy who has been on the naughty list in the past but he insists he's going to be good in the future. sounds here's the thing i want to be prime minister again i know there were some problems last time however now i'm ready to step back in and...
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plus it is a fiscal cliff as a last minute deal seems likely to fend off a new year tax hike in the u.s. with the scene now set for another showdown on capitol hill. and arlen takes over as the head of the european union but it's massive debt leaves it in a position just as the broad calls for strong leadership. hello good morning and happy new year you are watching live from moscow with me andrey farm. now as the new year continues to roll out across the world let's take a quick look at some of the most spectacular celebrations that have happened so far new zealand was among the first to last year in two thousand and thirteen crowds packed the harbor in oakland to enjoy the display at the city's sky tower while almost two million people turned out at peak a celebration in australia sydney's skyline erupting with the now standard jaw dropping fireworks at midnight from the harbor bridge there midnight later moved on to asia and this is hong kong which really built up the tension with the can down then lit up the sky from both land and sea. europe has also welcomed in the new year with a
plus it is a fiscal cliff as a last minute deal seems likely to fend off a new year tax hike in the u.s. with the scene now set for another showdown on capitol hill. and arlen takes over as the head of the european union but it's massive debt leaves it in a position just as the broad calls for strong leadership. hello good morning and happy new year you are watching live from moscow with me andrey farm. now as the new year continues to roll out across the world let's take a quick look at some...
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Dec 27, 2012
12/12
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tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how can you improve your tax mechanism when there's no income to tax? that is the second question. the first question -- i am not worried about inflation at all. in this country, there is this fixation with quantitative easing. bernanke's attempt to stabilize the american economy. it is a policy that i have encountered ever since i came to this country. mr. bernanke is printing money. he is not printing money. if it were, you could talk about the loss potential, which is different from deflationary. but what exa
tax immunity. they have a very cozy system of tax immunity. the tragedy is when you have an economy like greece's going to a tailspin and you have a massive immunization of national income, and the central bank is effectively kaput, you can really improve your tax collection methods because there is no income tax. people just do not make money any more. even the rich do not make money. other than the money they have already accumulated through geneva or frankfurt. they are not making money. how...
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fiscal cliff last minute deal looks set for a new year tax hike in america for the time being at least. you're watching a very happy new year too. new year's global race has wrapped up so let's take a quick look at some of the most spectacular celebrations being held so far new zealand was among the first to washington's a pretty proud spot the harbor no draw to display the city's sky tower almost two million people turned out he celebration australia sydney skyline erupted with a nonstandard draw dropping for works at midnight from the bridge. night need to move on to asia with hong kong which really built up the tension of the countdown the top the sky from both land and sea europe has also welcomed the new year major fireworks display at the brandenburg gate and burnin and becoming one of the world's largest open air parties and a dazzling display also splashed skies above the london eye in the u.k. capital. to million spectators descend york's times square celebrate the event a traditional. new year in russia officially kicked off when the clock tower in the moscow rang out twelve
fiscal cliff last minute deal looks set for a new year tax hike in america for the time being at least. you're watching a very happy new year too. new year's global race has wrapped up so let's take a quick look at some of the most spectacular celebrations being held so far new zealand was among the first to washington's a pretty proud spot the harbor no draw to display the city's sky tower almost two million people turned out he celebration australia sydney skyline erupted with a nonstandard...